Zhejiang Property Plant Equipment vs Net Receivables Analysis

601921 Stock   7.95  0.15  1.92%   
Zhejiang Publishing financial indicator trend analysis is more than just analyzing Zhejiang Publishing Media current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Publishing Media is a good investment. Please check the relationship between Zhejiang Publishing Property Plant Equipment and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Publishing Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Publishing Media Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhejiang Publishing's Property Plant Equipment and Net Receivables is 0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Zhejiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Zhejiang Publishing's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Zhejiang Publishing Media are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Zhejiang Publishing's Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Net Receivables

Most indicators from Zhejiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Publishing Media current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Publishing Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 1.6 B, whereas Tax Provision is projected to grow to (232.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.8M8.8M5.9M3.4M
Depreciation And Amortization180.7M383.0M440.5M226.1M

Zhejiang Publishing fundamental ratios Correlations

0.97-0.810.981.00.96-0.970.990.990.980.94-0.010.980.610.860.840.83-0.840.360.981.00.95-0.830.80.960.98
0.97-0.910.950.960.99-0.990.960.970.950.98-0.110.930.680.90.830.88-0.890.240.960.950.97-0.910.820.950.93
-0.81-0.91-0.82-0.82-0.90.82-0.82-0.81-0.75-0.910.46-0.79-0.9-0.89-0.54-0.810.79-0.21-0.8-0.79-0.90.94-0.72-0.89-0.82
0.980.95-0.820.960.92-0.950.940.950.930.89-0.160.930.660.930.780.76-0.760.440.990.980.97-0.880.710.950.97
1.00.96-0.820.960.96-0.970.990.990.980.940.00.990.620.840.830.84-0.850.340.971.00.95-0.810.820.960.98
0.960.99-0.90.920.96-0.970.980.980.961.0-0.070.950.670.840.820.92-0.940.170.930.940.94-0.860.880.950.92
-0.97-0.990.82-0.95-0.97-0.97-0.96-0.98-0.98-0.96-0.03-0.94-0.56-0.85-0.91-0.860.89-0.23-0.97-0.96-0.950.85-0.82-0.93-0.92
0.990.96-0.820.940.990.98-0.960.990.980.960.00.990.620.810.830.87-0.890.260.950.980.92-0.790.860.960.96
0.990.97-0.810.950.990.98-0.980.990.990.960.030.990.580.820.870.86-0.90.270.970.980.93-0.80.830.950.95
0.980.95-0.750.930.980.96-0.980.980.990.930.130.970.490.770.920.84-0.880.250.960.980.9-0.750.830.930.93
0.940.98-0.910.890.941.0-0.960.960.960.93-0.070.920.670.830.810.95-0.950.090.90.910.92-0.860.90.920.89
-0.01-0.110.46-0.160.0-0.07-0.030.00.030.13-0.070.02-0.74-0.420.410.04-0.11-0.26-0.05-0.01-0.220.440.11-0.23-0.13
0.980.93-0.790.930.990.95-0.940.990.990.970.920.020.60.780.810.82-0.850.330.940.980.9-0.750.820.960.97
0.610.68-0.90.660.620.67-0.560.620.580.490.67-0.740.60.780.160.54-0.470.370.590.60.73-0.810.470.770.7
0.860.9-0.890.930.840.84-0.850.810.820.770.83-0.420.780.780.610.72-0.670.390.90.850.96-0.980.610.870.86
0.840.83-0.540.780.830.82-0.910.830.870.920.810.410.810.160.610.76-0.840.060.850.840.75-0.590.740.720.73
0.830.88-0.810.760.840.92-0.860.870.860.840.950.040.820.540.720.76-0.95-0.160.780.80.81-0.770.960.780.76
-0.84-0.890.79-0.76-0.85-0.940.89-0.89-0.9-0.88-0.95-0.11-0.85-0.47-0.67-0.84-0.950.12-0.8-0.81-0.780.71-0.91-0.81-0.75
0.360.24-0.210.440.340.17-0.230.260.270.250.09-0.260.330.370.390.06-0.160.120.380.390.4-0.28-0.230.370.49
0.980.96-0.80.990.970.93-0.970.950.970.960.9-0.050.940.590.90.850.78-0.80.380.990.96-0.860.740.940.96
1.00.95-0.790.981.00.94-0.960.980.980.980.91-0.010.980.60.850.840.8-0.810.390.990.95-0.810.780.950.98
0.950.97-0.90.970.950.94-0.950.920.930.90.92-0.220.90.730.960.750.81-0.780.40.960.95-0.950.720.930.95
-0.83-0.910.94-0.88-0.81-0.860.85-0.79-0.8-0.75-0.860.44-0.75-0.81-0.98-0.59-0.770.71-0.28-0.86-0.81-0.95-0.65-0.85-0.82
0.80.82-0.720.710.820.88-0.820.860.830.830.90.110.820.470.610.740.96-0.91-0.230.740.780.72-0.650.770.73
0.960.95-0.890.950.960.95-0.930.960.950.930.92-0.230.960.770.870.720.78-0.810.370.940.950.93-0.850.770.97
0.980.93-0.820.970.980.92-0.920.960.950.930.89-0.130.970.70.860.730.76-0.750.490.960.980.95-0.820.730.97
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Zhejiang Publishing Account Relationship Matchups

Zhejiang Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.7B16.1B20.6B22.1B22.3B19.3B
Short Long Term Debt Total122.0M223.3M411.1M421.1M484.3M508.5M
Other Current Liab2.7B2.5B2.2B2.4B51.3M48.8M
Total Current Liabilities6.6B7.1B7.8B8.6B8.5B8.2B
Total Stockholder Equity7.6B8.5B12.0B12.7B13.4B10.6B
Property Plant And Equipment Net3.0B3.2B3.4B3.4B3.6B3.5B
Net Debt(4.4B)(6.8B)(9.7B)(10.1B)(9.1B)(9.5B)
Retained Earnings2.5B3.3B4.6B5.2B5.8B3.8B
Accounts Payable3.9B4.6B5.6B6.1B6.1B5.1B
Cash4.5B7.0B10.1B10.5B9.6B7.6B
Non Current Assets Total4.8B4.9B5.2B5.1B5.4B5.3B
Non Currrent Assets Other869.3M790.6M1.3B915.1M87.1M82.8M
Cash And Short Term Investments5.3B7.2B10.9B12.3B14.1B7.8B
Common Stock Shares Outstanding2.0B2.0B2.1B2.2B2.2B2.3B
Liabilities And Stockholders Equity14.7B16.1B20.6B22.1B25.4B18.5B
Non Current Liabilities Total384.0M539.8M717.6M739.5M404.1M523.6M
Inventory3.4B3.1B3.4B3.3B3.4B3.5B
Other Current Assets160.8M111.6M122.1M71.2M95.1M90.4M
Other Stockholder Equity3.1B3.2B5.2B5.3B6.1B4.6B
Total Liab7.0B7.6B8.5B9.3B8.9B8.7B
Total Current Assets9.9B11.3B15.4B16.9B16.8B14.0B
Short Term Debt7.0M8.0M35.0M40.8M46.9M49.2M
Intangible Assets901.9M907.7M852.9M812.2M767.3M694.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang Publishing Media at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Publishing and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.